Karachi, United Brands Ltd. (UBDL), listed since 1970, reported a decrease in first-quarter earnings, posting an EPS of negative 1.1 rupees. The stock's rate today was 12.34 rupees, down from a high of 17.2 rupees, with a turnover of 279,500. The company, which has a paid-up capital of 918.00 million rupees, did not distribute any dividends this quarter.